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Thursday, March 22, 2018

BHEL inks technology collaboration pact with Korean company

STATE-owned power equipment maker BHEL has inked a technology collaboration agreement (TCA) with HLB Power, Republic of Korea. The collaboration is for in-house design and manufacture of large size gates and dampers for use in coal fired power plants, to be commissioned or retrofitted with high capacity emission control equipment, a BHEL statement said.
In the presence of Atul Sobti, CMD, BHEL, the TCA was signed by Subrata Biswas, Director (E, R&D) BHEL and Dr. Jong Weon Kim, CEO and Director, HLB Power at BHEL's corporate office in New Delhi on March 21.
BHEL has been supplying conventional gates... and dampers, manufactured at its boiler auxiliaries plant in Ranipet, for over three decades.
This TCA will help in establishing the capability for in-house design, manufacture and testing of very large size gates and dampers, the company said. BHEL is fully geared to manufacture and supply locally engineered and manufactured emission control equipment for Indian thermal power plants to meet the Environment Protection (Amendment) Rules 2015 notified by the ministry of environment, forest and climate change, it added.
Earlier, the equipment major has won a Rs 11,700 crore order for setting up a 3x800 MW thermal power plant in Jharkhand.
The order for setting up the 3x800 MW Patratu Super Thermal Power Station Expansion, Phase-I (3x 800 MW) has been placed on BHEL by Patratu Vidyut Utpadan Nigam Ltd (PVUNL - a subsidiary of NTPC Ltd in joint venture with Jharkhand Bijli Vitran Nigam Ltd). BHEL said the commissioning of the project would also lead to phasing out of the old fleet of sub-critical units presently installed at Patratu.
Accelerating its growth momentum, BHEL has reported a surge in profitability up to the third quarter of 2017-18. Prudent strategies of faster execution and resource optimisation measures, concerted efforts for revival of stranded projects, have begun reflecting in the results. The next wave of growth will be engineered by enhancing the order book in the diversified as well as conventional areas, it added.
BHEL has earlier also bagged Rs 1, 034-crore gas turbine-based captive power plant order from HPCL. In a regulatory filing, BHEL said it has "won a prestigious contract for setting up a gas turbine based captive power plant on lumpsum turnkey (LSTK) basis under International Competitive Bidding (ICB)".
"Valued at Rs 1, 034 crore, the order has been placed on BHEL by Hindustan Petroleum Corporation for its Visakh Refinery expansion project at Visakhapatnam, Andhra Pradesh," it added. BHEL said this captive power plant is being set up to meet the power and steam required by HPCL for its planned refinery expansion from 8.33 to 15 MMTPA.
The Maharatna PSU has a widespread overseas footprint in 82 countries with cumulative overseas installed capacity of BHEL manufactured power plants nearing 10,000 MW including Belarus, Bhutan, Egypt, Indonesia, Iraq, Kazakhstan, Malaysia, New Zealand, Oman, Rwanda, Sudan, Tajikistan and UAE.
BHEL bagged a huge export order, valued at US dollar 1.5 billion (Rs.10,000 crore), for setting up 1,320 MW (2x660 MW) Maitree Super Thermal Power Project in Bangladesh. It was BHEL’s largest power project order in the international market.boration pact with Korean company. The order was secured from the Bangladesh India Friendship Power Company Pvt Ltd (BIFPCL), a 50:50 JV company of NTPC and Bangladesh’s BPDB in April last year.